Sandeep Ispat Trader sells 0.07% stake in Monotype India

1 min read     Updated on 19 Jun 2026, 11:15 AM
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Anirudha BScanX News Team
AI Summary

Sandeep Ispat Trader LLP sold 4,64,285 equity shares, representing 0.07% of Monotype India Ltd, through an open market transaction on June 17, 2026. Post-transaction, the promoter group entity's holding decreased from 3.38% to 3.31%. The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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Sandeep Ispat Trader LLP, a promoter group entity, has reduced its stake in Monotype India Ltd by selling 4,64,285 equity shares via an open market transaction on June 17, 2026. The shares sold represent 0.07% of the company's total paid-up equity share capital. This transaction was disclosed to the stock exchanges in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to this sale, the entity held 2,37,68,508 shares, accounting for 3.38% of the total voting capital. Following the disposal of the specified shares, Sandeep Ispat Trader LLP's holding has decreased to 2,33,04,223 shares, which constitutes 3.31% of the total voting capital. The total equity share capital of Monotype India Limited remains unchanged at 70,31,21,889 shares.

The transaction was executed on the open market, and there were no changes to the holdings of warrants, convertible securities, or encumbered shares. The disclosure confirmed that the seller belongs to the promoter or promoter group of the target company. The filing was signed by Naresh Jain, Designated Partner of Sandeep Ispat Trader LLP, on June 18, 2026.

Monotype India Limited is listed on the BSE Ltd, Metropolitan Stock Exchange of India Limited, and Calcutta Stock Exchange Limited. The scrip codes for the company are 505343 on the BSE, MONOT on the Metropolitan Stock Exchange, and 023557 on the Calcutta Stock Exchange.

Shareholding Details

Description Number of Shares % of Total Share Capital
Holding Before Sale
Shares carrying voting rights 2,37,68,508 3.38%
Shares Sold
Shares sold in open market 4,64,285 0.07%
Holding After Sale
Shares carrying voting rights 2,33,04,223 3.31%

Historical Stock Returns for Monotype

1 Day5 Days1 Month6 Months1 Year5 Years
-2.56%-5.00%-11.63%-19.15%-51.28%+100.00%

Does this stake reduction signal the start of a broader divestment strategy by the promoter group?

How might the open market sale impact Monotype India's share price in the upcoming trading sessions?

What are the intended uses of the capital raised from this transaction by Sandeep Ispat Trader LLP?

Sandeep Ispat Trader LLP cuts stake in Monotype India to 3.86%

1 min read     Updated on 05 Jun 2026, 03:59 PM
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Reviewed by
Riya DScanX News Team
AI Summary

Sandeep Ispat Trader LLP reduced its stake in Monotype India Limited to 3.86% by selling 6,29,221 equity shares on June 4, 2026. The open market transaction was disclosed to BSE, CSE, and MSEI under Regulation 29(2) of SEBI SAST Regulations. Post-transaction, the entity holds 2,71,13,245 shares, while the company's total paid-up capital remains 70,31,21,889 shares.

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Sandeep Ispat Trader LLP, a promoter group entity, reduced its shareholding in Monotype India Limited by selling 6,29,221 equity shares on June 4, 2026. The transaction, executed via the open market, represented 0.09% of the company's total paid-up share capital. Following this disposal, the entity's holding decreased from 3.95% to 3.86%.

The disclosure was submitted to the Bombay Stock Exchange, Calcutta Stock Exchange, and Metropolitan Stock Exchange of India Limited in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirmed that the shares sold carried voting rights and that no other instruments such as warrants or convertible securities were involved in the transaction.

Shareholding Details

The filing provided a breakdown of the shareholding before and after the transaction. Prior to the sale, Sandeep Ispat Trader LLP held 2,77,42,466 shares, accounting for 3.95% of the total voting capital. The sale of 6,29,221 shares brought the total holding down to 2,71,13,245 shares.

Description Number of Shares % of Total Share Capital
Holding Before Sale
Shares carrying voting rights 2,77,42,466 3.95%
Transaction Details
Shares sold 6,29,221 0.09%
Holding After Sale
Shares carrying voting rights 2,71,13,245 3.86%

The total equity share capital and total voting capital of Monotype India Limited remained unchanged at 70,31,21,889 shares. The diluted share capital also stood at 70,31,21,889 shares, indicating no outstanding convertible securities or warrants.

The disclosure was signed by Naresh Jain, Designated Partner of Sandeep Ispat Trader LLP, and submitted to the exchanges on June 5, 2026. The entity confirmed that it belongs to the promoter or promoter group of the target company.

Historical Stock Returns for Monotype

1 Day5 Days1 Month6 Months1 Year5 Years
-2.56%-5.00%-11.63%-19.15%-51.28%+100.00%

Does this sale indicate a trend of further divestment by the promoter group in the near future?

How might the market interpret this reduction in promoter holding regarding the company's long-term growth prospects?

What impact could this open market sale have on Monotype India's share price volatility in the coming sessions?

More News on Monotype

1 Year Returns:-51.28%